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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: George Dawson who wrote (20904)	2/27/1999 2:30:00 AM
From: George Dawson	Respond to of 29386

More from the ViWes site: viwes.com Average daily volume is at a 12 month high this month, along with days to cover at a 12 month low. I can't confirm tonight, but my best guess is that these are all time high and low positions respectively. George D.

To: George Dawson who wrote (20904)	2/27/1999 8:44:00 AM
From: Nine_USA	Read Replies (2) \| Respond to of 29386

George, Wouldn't the short level for ANCR currently be half of what it was a year ago, since shares outstanding has doubled? When a stock splits, the number of shares short will double. But nothing meaningful has changed since the total shares outstanding has also doubled. I would use the number of shares short as a percentage of total shares outstanding as a more useful measure. ANCR is now 1.92% short. ....a year ago, 3.58% short.

To: George Dawson who wrote (20904)	2/27/1999 12:23:00 PM
From: Eleder2020	Read Replies (1) \| Respond to of 29386

The Bollinger Bands doing what they do all the time with ANCR. They start tightening for 7-12 trading days on decreasing volatility and volume.I expect we are in this area until the end of next week when the volume should start to rumble again and pick up steam. The charts and BB's say we are in another downtrend soon or that we are quickly approaching oversold conditions and that the ascending triangle up looks moderately steep. RSI oversold. Stochastics a day or two away from being oversold. Momentum which has been the lowest in about 7 months looks like it turned the corner yesterday.Picking up strength to push the snowball up the hill.Accumulation looking good. The money has been decidedly negative during this correction and also quickly approaching the level where it starts going the other way. Risk/Reward looks really good to add to my ANCR holdings this week. Just MHO. When Ancor was losing it kept on losing. Now that ANCR has been winning we will find out if it can continue to do so. Ed techstocks.com techstocks.com